Tweet Facebook Mail Would-be troublemakers are being warned of a massive police presence at Sydney's New Year's Eve party, with officers ready to crack down on bad behaviour. NSW Police said the biggest operation of the year was launching today ahead of celebrations across Sydney and the state. A particular focus will be the Sydney Harbour foreshore, where thousands are expected to gather for the annual holiday celebration and fireworks display. LIVE UPDATES: Injury rocks Aussie camp with Test set to explode Crowds gather at Mrs Macquarie's Chair to watch the fireworks during New Year's Eve celebrations. (Getty) Police said officers from every area command and district around the state would be on duty, along with specialist officers including mounted police and riot police. Assistant Commissioner Peter McKenna said both uniformed and plain-clothed police would be on patrol. "We want everyone to enjoy their New Year's Eve celebrations in a safe and responsible way," McKenna said. READ MORE: Experts weigh in as questions remain over South Korea plane crash Thousands are expected to attend Sydney's festivities. (Dion Georgopoulos) "People planning on coming to the city for free vantage points are urged to get in early to avoid missing out. "If a location becomes full, do not attend and find an alternative location. "We ask people to drink responsibly, know their limit and avoid starting 2025 in the back of a police truck." The public is encouraged to leave their car at home and use public transport as there will be major road closures and special event clearways in place throughout the CBD on New Year's Eve and into New Year's Day. READ MORE: Man charged after gunshot fired at NSW Central Coast unit Foty Family employees load firework barges at Glebe Island. (Dominic Lorrimer) Police will be travelling on trains, light rail, metro, buses, and ferries, watching for criminal and anti-social behaviour, including anyone drinking alcohol. "It is illegal to drink alcohol on public transport," McKenna said. "Don't ruin a good night out for yourself or others with foolish behaviour that you will come to regret." People are also reminded that a licence is required to purchase or use fireworks, with heavy penalties for lawbreakers. Police will be highly visible around Sydney. (Dion Georgopoulos) Maritime police will also watch for illegal behaviour on the water. "The same drink-driving rules apply on the water as they do on our roads," McKenna said. "Boaters should make sure they have all the necessary safety and emergency equipment. "Specialist police will conduct drug and alcohol testing, as well as compliance checks on vessels, so please be smart and safe." Sun, celebration, sadness: Christmas in Australia and around the world View Gallery Transport for NSW coordinator-general Howard Collins encouraged people to make an early New Year's resolution to catch public transport to and from their December 31 celebrations and take the stress out of the evening. "As always we will have thousands of extra public transport services – that's extra trains, buses and light rails – but on top of all that, this year for the first time we have Sydney Metro online from Tallawong to Sydenham, with services running throughout the night," Collins said. "This is Transport's busiest two days of the year, operating round the clock for almost 48 hours to move Sydneysiders and visitors to and from New Year's celebrations, family events, shopping in the sales and all the other great things to do." DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .Much to be grateful for this Thanksgiving
GRAND FORKS, N.D. (AP) — Treysen Eaglestaff's 19 points helped North Dakota defeat Waldorf College 97-57 on Sunday night. Eaglestaff shot 6 of 11 from the field, including 2 for 4 from 3-point range, and went 5 for 6 from the line for the Fightin' Hawks (6-9). Mier Panoam added 13 points and six rebounds. Zach Kraft had 12 points on 4-for-7 shooting from 3-point range. Gene Noble led the way for the Warriors with 12 points and six rebounds. Emmanuel Ferguson scored 10 and Ugo Ejiofor pitched in with nine points, 11 rebounds and two blocks. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .The top US securities regulator, a skeptic towards cryptocurrency who was appointed by President Joe Biden, announced Thursday he will step down in January when Donald Trump takes office. Gary Gensler, chair of the Securities and Exchange Commission (SEC), said he will resign on January 20, the same day Trump assumes the presidency. The move clears the way for the president-elect to pick Gensler's successor. The news comes as bitcoin hit a fresh record, trading above $99,000 and nearing the symbolic $100,000 level. Gensler's five-year term does not end until 2026, but agency chairs customarily step down when the party of presidential administration turns over. During the election campaign, Trump promised to fire him. Gensler took office in April 2021 shortly after the so-called "meme stock" frenzy in January 2021 prompted massive volatility in GameStop and a handful of other stocks. A former mergers and acquisitions partner at Goldman Sachs, Gensler led rulemaking proposals intended to improve efficiency in capital markets. But his future in Washington looked precarious in light of the SEC's confrontational approach to cryptocurrency throughout the Biden years. Gensler referred to crypto as "the Wild West." During the campaign, Trump drew heavy financial support from cryptocurrency backers, some of whom are also close to the Republican's close ally, Tesla and SpaceX CEO Elon Musk. In the absence of clear regulations, Gensler took an aggressive stance toward digital currencies, treating them like traditional financial securities such as stocks and bonds. The approach has prompted SEC lawsuits against major trading platforms including Binance, Coinbase, and Kraken, along with various smaller startups. Legislation currently in Congress would shift oversight of cryptocurrency supervision to the Commodity Futures Trading Commission, known for its lighter-touch approach to regulation. Gensler thanked Biden and fellow commissioners, saying in a statement, "The SEC has met our mission and enforced the law without fear or favor." But the SEC's announcement drew cheers from the crypto industry. The Blockchain Association posted a waving hand emoji on X in response to Gensler's impending exit, while its CEO, Kristin Smith, noted the announcement came the same day as a favorable US court ruling in Texas for cryptocurrency. The Texas ruling constitutes "a fitting turning point of the SEC's harassment campaign of the crypto industry, and the beginning of a new era," Smith said on X. Smith warned Gensler against "sneak" last-minute enforcement and called for a "better-functioning" SEC that avoids overreach and is willing to work "with industry to find fit-for-purpose solutions." Hailey Lennon, a partner at law firm Brown Rudnick who was formerly general counsel at Coinbase, said the SEC under Gensler "played gatekeeper and stalled innovation." Citing Gensler's departing comments, she wrote on X that "saying the SEC has regulated without fear or favor is insane gaslighting." tu-jmb/bjt
Angelina Jolie never expected to hit all the notes. But finding the breath of Maria Callas was enough to bring things out of Jolie that she didn’t even know were in her. “All of us, we really don’t realize where things land in our body over a lifetime of different experiences and where we hold it to protect ourselves,” Jolie said in a recent interview. “We hold it in our stomachs. We hold it in our chest. We breathe from a different place when we’re nervous or we’re sad. “The first few weeks were the hardest because my body had to open and I had to breathe again,” she adds. “And that was a discovery of how much I wasn’t.” In Pablo Larraín’s “Maria,” which Netflix released in theaters Wednesday before it begins streaming on Dec. 11, Jolie gives, if not the performance of her career, then certainly of her last decade. Beginning with 2010’s “In the Land of Blood and Honey,” Jolie has spent recent years directing films while prioritizing raising her six children. “So my choices for quite a few years were whatever was smart financially and short. I worked very little the last eight years,” says Jolie. “And I was kind of drained. I couldn’t for a while.” But her youngest kids are now 16. And for the first time in years, Jolie is back in the spotlight, in full movie-star mode. Her commanding performance in “Maria” seems assured of bringing Jolie her third Oscar nomination. (She won supporting actress in 2000 for “Girl, Interrupted.”) For an actress whose filmography might lack a signature movie, “Maria” may be Jolie's defining role. Jolie's oldest children, Maddox and Pax, worked on the set of the film. There, they saw a version of their mother they hadn't seen before. “They had certainly seen me sad in my life. But I don’t cry in front of my children like that,” Jolie says of the emotion Callas dredged up in her. “That was a moment in realizing they were going to be with me, side by side, in this process of really understanding the depth of some of the pain I carry.” Jolie, who met a reporter earlier this fall at the Carlyle Hotel, didn't speak in any detail of that pain. But it was hard not to sense some it had to do with her lengthy and ongoing divorce from Brad Pitt, with whom she had six children. Just prior to meeting, a judge allowed Pitt’s remaining claim against Jolie, over the French winery Château Miraval, to proceed. On Monday, a judge ruled that Pitt must disclose documents Jolie’s legal team have sought that they allege include “communications concerning abuse.” Pitt has denied ever being abusive. The result of the U.S. presidential election was also just days old, though Jolie — special envoy for the United Nations Refugee Agency from 2012 to 2022 – wasn’t inclined to talk politics. Asked about Donald Trump’s win, she responded, “Global storytelling is essential,” before adding: “That’s what I’m focusing on. Listening. Listening to the voices of people in my country and around the world.” Balancing such things — reports concerning her private life, questions that accompany someone of her fame — is a big reason why Jolie is so suited to the part of Callas. The film takes place during the American-born soprano’s final days. (She died of a heart attack at 53 in 1977.) Spending much of her time in her grand Paris apartment, Callas hasn’t sung publicly in years; she’s lost her voice. Imprisoned by the myth she’s created, Callas is redefining herself and her voice. An instructor tells her he wants to hear “Callas, not Maria." The movie, of course, is more concerned with Maria. It’s Larrain’s third portrait of 20th century female icon, following “Jackie” (with Natalie Portman as Jacqueline Kennedy) and “Spencer” (with Kristen Stewart as Princess Diana). As Callas, Jolie is wonderfully regal — a self-possessed diva who deliciously, in lines penned by screenwriter Steven Knight, spouts lines like: “I took liberties all my life and the world took liberties with me.” Asked if she identified with that line, Jolie answered, “Yeah, yeah.” Then she took a long pause. “I’m sure people will read a lot into this and there’s probably a lot I could say but don’t want to feed into,” Jolie eventually continues. “I know she was a public person because she loved her work. And I’m a public person because I love my work, not because I like being public. I think some people are more comfortable with a public life, and I’ve never been fully comfortable with it.” When Larraín first approached Jolie about the role, he screened “Spencer” for her. That film, like “Jackie” and “Maria,” eschews a biopic approach to instead intimately focus on a specific moment of crisis. Larraín was convinced Jolie was meant for the role. “I felt she could have that magnetism,” Larraín says. “The enigmatic diva that’s come to a point in her life where she has to take control of her life again. But the weight of her experience, of her music, of her singing, everything, is on her back. And she carries that. It’s someone who’s already loaded with a life that’s been intense.” “There’s a loneliness that we both share,” Jolie says. “That’s not necessarily a bad thing. I think people can be alone and lonely sometimes, and that can be part of who they are.” Larraín, the Chilean filmmaker, grew up in Santiago going to the opera, and he has long yearned to bring its full power and majesty to a movie. In Callas, he heard something that transfixed him. “I hear something near perfection, but at the same time, it’s something that’s about to be destroyed,” Larraín says. “So it’s as fragile and as strong as possible. It lives in both extremes. That’s why it’s so moving. I hear a voice that’s about to be broken, but it doesn’t.” In Callas’ less perfect moments singing in the film, Larraín fuses archival recordings of Callas with Jolie’s own voice. Some mix of the two runs throughout “Maria.” “Early in the process,” Jolie says, “I discovered that you can’t fake-sing opera.” Jolie has said she never sang before, not even karaoke. But the experience has left her with a newfound appreciation of opera and its healing properties. “I wonder if it’s something you lean into as you get older,” Jolie says. “Maybe your depth of pain is bigger, your depth of loss is bigger, and that sound in opera meets that, the enormity of it.” If Larraín’s approach to “Maria” is predicated on an unknowingness, he's inclined to say something similar about his star. “Because of media and social media, some people might think that they know a lot about Angelina,” he says. “Maria, I read nine biographies of her. I saw everything. I read every interview. I made this movie. But I don’t think I would be capable of telling you who she was us. So if there’s an element in common, it’s that. They carry an enormous amount of mystery. Even if you think that you know them, you don’t.” Whether “Maria” means more acting in the future for Jolie, she's not sure. “There's not a clear map,” she says. Besides, Jolie isn't quite ready to shake Callas. “When you play a real person, you feel at some point that they become your friend,” says Jolie. “Right now, it’s still a little personal. It’s funny, I’ll be at a premiere or I’ll walk into a room and someone will start blaring her music for fun, but I have this crazy internal sense memory of dropping to my knees and crying.”
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With Jagjit Singh Dallewal's indefinite hunger strike entering its 34th day on Sunday, farmer leaders at Khanauri said they have been following the Gandhian way to continue their protest and it is up to the government to decide whether it wants to use force to evict their senior leader. Their statement comes amid the Supreme Court's strong criticism of the Punjab government for not shifting Dallewal to a hospital. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for The farmers have been protesting at the Punjab-Haryana border to press the Centre for several demands, including a legal guarantee for a minimum support price (MSP) for crops. Speaking to reporters at the Khanauri border protest site, farmer leader Abhimanyu Kohar said, "We want to make it clear that the Centre, right from day one, has been trying to defame and suppress our agitation." He said a narrative is being built that farmers are stubborn. "Whereas it is the Centre that is adopting such an attitude, not listening to us and not paying any attention to farmers' demands." "We are continuing our agitation by adopting Gandhian principles. Our agitations have proven that, despite enduring so much due to the government's oppression, we have continued to protest in a Gandhian manner," he said. 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Now, it is up to the government and constitutional bodies to decide whether they want to use force to evict Dallewal ji," Kohar added. He further said the farmers wanted to make it clear that whatever situation arises, the responsibility will lie with the Centre and constitutional bodies. "We also want to appeal to the people of the country that the agitation seeking a guarantee for MSP has reached a decisive stage. We are on the threshold of victory... We must take a strong stand. Dallewal has put his life at stake," he said. Kohar said it was up to the people of the country to decide whether to stay at home or be present in large numbers at the Khanauri Morcha in support of Dallewal. SKM (Non-political) leader Kaka Singh Kotra said the government can try to evict Dallewal from the current protest site and their unions are appealing to Punjabis to reach Khanauri in maximum numbers. He also said Dallewal has made it clear that he is ready to sacrifice his life for the sake of farmers in this country. Meanwhile, farmers, on a warpath against the Centre, called for a "kisan mahapanchayat" at the Khanauri protest site on January 4. Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha have also called for a Punjab bandh on Monday and claimed their strike call has received strong support from transporters, employees, traders, and other sections of society. Though there will be a complete bandh on Monday, emergency services will remain operational, farmer leader Sarwan Singh Pandher said. On Saturday, while admonishing the Punjab government, the Supreme Court also suggested the possibility that Dallewal may not have been allowed to be taken to a hospital by other farmer leaders. In response, Dallewal, in a video message on the same day , said, "I am sitting on a fast. Who gave this report to the Supreme Court, and who spread this misconception that I have been kept hostage? Where did such a thing come from?" "Seven lakh farmers in this country have committed suicide due to debt. Saving farmers is necessary, therefore, I am sitting here. I am not under anyone's pressure," he added. Dallewal had earlier said he would not break his fast until the government agreed to the farmers' demands. The Supreme Court gave the Punjab government time until December 31 to persuade Dallewal to shift to a hospital, granting the state the liberty to seek logistical support from the Centre, if necessary. In response the Punjab government said in the court that it is facing significant resistance from the protesting farmers, who have encircled Dallewal and are preventing him from being taken to a hospital. The apex court also termed the conduct of some farmer leaders accompanying Dallewal as surprising and questionable. Dallewal has so far refused medical treatment, and the state government has formed a team of doctors to monitor his health round-the-clock. Farmers, under the banner of SKM (Non-Political) and Kisan Mazdoor Morcha, have been camping at the Shambhu and Khanauri border points between Punjab and Haryana since February 13, after their march to Delhi was stopped by security forces. A "jatha" (group) of 101 farmers attempted to march to Delhi on foot three times between December 6 and 14 but were stopped by security personnel from Haryana. In addition to a legal guarantee for MSP, the farmers are demanding a debt waiver, pensions for farmers and farm labourers, no hike in electricity tariffs, the withdrawal of police cases, and "justice" for the victims of the 2021 Lakhimpur Kheri violence. 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The Love Boat Now Sailing from Central Florida to the Pristine Beaches of the Caribbean , Through April 2025 PORT CANAVERAL, Fla. , Nov. 27, 2024 /PRNewswire/ -- Princess Cruises, famously known as "The Love Boat," celebrated the highly anticipated arrival of Caribbean Princess in Port Canaveral today, marking the launch of a new season of Caribbean cruises from this convenient Central Florida homeport. The ship set sail on a four-day Thanksgiving cruise to Turks & Caicos. In the spirit of giving, Princess made a generous donation of non-perishable food items to The Sharing Center of Central Brevard . Nearly two tons of food will support local families in need. "Today we celebrate the arrival of Caribbean Princess to Port Canaveral, one of the premier ports in cruising, and proudly support the local community," said John Padgett , President of Princess Cruises. "Port Canaveral offers fantastic facilities and is easily accessible for our guests, whether they choose to drive, fly, or take advantage of our exclusive Rail & Sail program with Brightline." The inaugural winter season from Port Canaveral features 19 additional cruise departures to the Eastern and Western Caribbean , with voyages ranging from six to eight days. Some of the exciting itineraries include: Eastern Caribbean : Six-day cruises to Nassau , Grand Turk, and either Amber Cove or San Juan (Departures: Dec. 9 , 23, 2024; Jan. 6 , 20; Feb. 3 , 17; March 3 , 17, 31, 2025) Eastern Caribbean : Eight-day cruises to St. Thomas, St. Maarten , San Juan , and Grand Turk (Departures: Dec. 1 , 29, 2024; Jan. 26 ; Feb. 23 ; March 23, 2025 ) Western Caribbean : Eight-day voyages to Cozumel, Costa Maya, Belize City, and Roatan (Departures: Dec. 15, 2024 ; Jan. 12 ; Feb. 9 ; March 9 ; April 6, 2025 ) Guests can combine six- and eight-day itineraries for a longer 14-day vacation. "We're beyond thrilled to welcome the beautiful Caribbean Princess to Port Canaveral – a cruise line our guests have been requesting for a long time," said Captain John Murray , Port Canaveral CEO. "Port Canaveral is committed to offering our guests diverse cruise options, and Caribbean Princess is the perfect addition to this market with its stunning décor and innovative technology, hallmarks of the Princess Cruises experience." Family-Friendly Features and Signature Service The 3,140-guest Caribbean Princess offers 1,571 staterooms, including options for families with interconnecting rooms and a range of suites and mini-suites. The ship caters to all ages with amenities like a Youth & Teen Center for kids and teens aged 3-17, an outdoor Movies Under the Stars screen, engaging Broadway-style production shows, and The Sanctuary – a relaxing, adults-only space with ocean breezes. To enhance the cruise experience, Caribbean Princess offers Princess Plus and Princess Premier inclusive packages, which provide savings of up to 65% on popular amenities like Wi-Fi, beverages, crew gratuities, and more when purchased separately. The ship also features Princess Cruises' signature MedallionClass technology, providing guests with personalized, premium service that enhances the overall vacation experience, reinforcing Princess' reputation for delivering unforgettable family adventures. Royal-Class Sky Princess is scheduled to sail from Port Canaveral for the next 2025-2026 winter season to the Eastern and Western Caribbean . Cruises are on sale now. Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-Princess (1-800-774-6237) or by visiting www.princess.com . About Princess Cruises Princess Cruises is The Love Boat, the world's most iconic cruise brand that delivers dream vacations to millions of guests every year in the most sought-after destinations on the largest ships that offer elite service personalization and simplicity customary of small, yacht-class ships. Well-appointed staterooms, world class dining, grand performances, award-winning casinos and entertainment, luxurious spas, imaginative experiences and boundless activities blend with exclusive Princess MedallionClass service to create meaningful connections and unforgettable moments in the most incredible settings in the world - the Caribbean , Alaska , Panama Canal, Mexican Riviera, Europe , South America , Australia / New Zealand , the South Pacific, Hawaii , Asia , Canada /New England, Antarctica, and World Cruises. Sun Princess, the brand's new, next-level Love Boat named Condé Nast Traveler's Mega Ship of the Year, introduces the groundbreaking Sphere Class platform and will be joined by sister ship, Star Princess, in Fall 2025. The company is part of Carnival Corporation & plc (NYSE/LSE:CCL; NYSE:CUK). View original content to download multimedia: https://www.prnewswire.com/news-releases/caribbean-princess-arrives-in-port-canaveral-for-first-ever-season-of-cruises-302317771.html SOURCE Princess CruisesNEW YORK (AP) — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. The S&P 500 pulled 0.5% higher after flipping between gains and losses several times during the day. Banks, smaller companies and other areas of the stock market that tend to do best when the economy is strong helped lead the way, while bitcoin briefly broke above $99,000. Crude oil, meanwhile, continued to rise. The Dow Jones Industrial Average jumped 461 points, or 1.1%, and the Nasdaq composite edged up by less than 0.1%. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. It also gave a forecast for revenue in the current quarter that topped most analysts’ expectations due to voracious demand for its chips used in artificial-intelligence technology. Its stock initially sank in afterhours trading Wednesday following the release of the results. Some investors said the market might have been looking for Nvidia’s revenue forecast to surpass expectations by even more. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock meandered through Thursday as well, dragging the S&P 500 and other indexes back and forth. How Nvidia’s stock performs has more impact than any other because it’s grown into Wall Street’s most valuable company at roughly $3.6 trillion. The frenzy around AI is sweeping up other stocks, and Snowflake jumped 32.7% after reporting stronger results for the latest quarter than analysts expected. The company, whose platform helps customers get a better view of all their silos of data and use AI, also reported stronger revenue growth than expected. BJ’S Wholesale Club rose 8.3% after likewise delivering a bigger profit than expected. That may help calm worries about how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. A day earlier, Target tumbled after reporting sluggish sales in the latest quarter and giving a dour forecast for the holiday shopping season. It followed Walmart , which gave a much more encouraging outlook. Nearly 90% of the stocks in the S&P 500 ended up rising Thursday, and the gains were even bigger among smaller companies. The Russell 2000 index of smaller stocks jumped a market-leading 1.7%. Google’s parent company, Alphabet, helped keep indexes in check. It fell 4.7% after U.S. regulators asked a judge to break up the tech giant by forcing it to sell its industry-leading Chrome web browser. In a 23-page document filed late Wednesday, the U.S. Department of Justice called for sweeping punishments that would include restrictions preventing Android from favoring its own search engine. Regulators stopped short of demanding Google sell Android but left the door open to it if the company’s oversight committee continues to see evidence of misconduct. All told, the S&P 500 rose 31.60 points to 5,948.71. The Dow jumped 461.88 to 43,870.35, and the Nasdaq composite added 6.28 to 18,972.42. In the crypto market, bitcoin eclipsed $99,000 for the first time before pulling back toward $98,000, according to CoinDesk. It’s more than doubled so far this year, and its climb has accelerated since Election Day. President-elect Donald Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. Bitcoin got a further boost after Gary Gensler, the chair of the Securities and Exchange Commission, said Thursday he would step down in January . Gensler has pushed for more protections for crypto investors. Bitcoin and related investment have a notorious history of big price swings in both directions. MicroStrategy, a company that’s been raising cash expressly to buy bitcoin, saw an early Thursday gain of 14.6% for its stock quickly disappear. It finished the day with a loss of 16.2%. In the oil market, a barrel of benchmark U.S. crude rose 2% to bring its gain for the week to 4.8%. Brent crude, the international standard, climbed 1.8%. Oil has been rising amid escalations in the Russia-Ukraine war. In stock markets abroad, shares of India’s Adani Enterprises plunged 22.6% Thursday after the U.S. charged founder Gautam Adani in a federal indictment with securities fraud and conspiracy to commit securities and wire fraud. The businessman and one of the world’s richest people is accused of concealing that his company’s huge solar energy project on the subcontinent was being facilitated by an alleged bribery scheme. Stock indexes elsewhere in Asia and Europe were mixed. In the bond market, the yield on the 10-year Treasury inched up to 4.43% from 4.41% late Wednesday following some mixed reports on the U.S. economy. One said fewer U.S. workers applied for unemployment benefits last week in the latest signal that the job market remains solid. Another report, though, said manufacturing in the mid-Atlantic region unexpectedly shrank. Sales of previously occupied homes, meanwhile, strengthened last month by more than expected. AP Business Writers Matt Ott and Yuri Kageyama contributed.
Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised during his campaign that he would remove Gensler. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40% since Trump’s victory. It hit new highs Thursday and was nearing $100,000. Bitcoin moved notably higher still after Gensler's resignation was announced. Gensler's stance on the rise of cryptocurrencies was captured during a speech he gave during the first year of his chairmanship in 2021 where he described the market as “the Wild West.” “This asset class is rife with fraud, scams, and abuse in certain applications,” he said in a speech at the Aspen Security Forum. “There’s a great deal of hype and spin about how crypto assets work. In many cases, investors aren’t able to get rigorous, balanced, and complete information.” Under Gensler, the SEC brought actions against players in the crypto industry for fraud , wash trading and other violations, including as recently as last month when the commission brought fraud charges against three companies purporting to be market makers, along with nine individuals for trying to manipulate various crypto markets. Yet access to cryptocurrencies became more widespread under Gensler. In January, the SEC approved exchange-traded funds that track the spot price of bitcoin. With such ETFs, investors could get easier access to bitcoin without the huge overlays required to buy it directly. Gensler, however, acknowledged the SEC had denied earlier, similar applications for such ETFs, including Grayscale Bitcoin Trust, among the first to eventually be approved by the SEC. “Circumstances, however, have changed,” Gensler said, pointing to a ruling by the U.S. Court of Appeals for the District of Columbia that said the SEC failed to adequately explain its reasoning in rejecting Grayscale’s proposal. Even there, Gensler made sure not to endorse the merits of bitcoin. He pointed to how ETFs that hold precious metals are tracking prices of things that have “consumer and industrial users, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing.” Gensler was tested early in his tenure with the rise of the meme stock phenomenon that shocked the financial system in early 2021. Earlier this year, the SEC under Gensler pushed Wall Street to speed up how long it takes for trades of stocks to settle, one of the areas where the commission’s staff recommended changes following the reckoning created by GameStop , one of the first meme stocks. In the depths of the COVID-19 pandemic, hordes of smaller-pocketed and novice investors suddenly piled into the stock of the struggling video-game retailer. During the height of the frenzy, several brokerages barred customers from buying GameStop after the clearinghouse that settles their trades demanded more cash to cover the increased risk created by its highly volatile price. In May 2024, new rules meant broker-dealers have to fully settle their trades within one business day of the trade date, down from the previous two. Critics of the SEC under Gensler have called many of the agency's proposals overly burdensome. The investment industry, for example, is pushing against a proposal to force some advisers and companies disclose more about their environmental, social and governance practices, otherwise known as ESG. Critics say the proposal is overly complex and increases the risk of investor confusion, while imposing unnecessary burdens and costs on funds. On Thursday, Gensler stood by the SEC's track record under his direction. “The staff and the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, and ensuring that the markets work for investors and issuers alike," Gensler said in prepared remarks. “The staff comprises true public servants." Gensler previously served as Chair of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market. He also was senior advisor to U.S. Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002) and was undersecretary of the Treasury for Domestic Finance and assistant secretary of the Treasury from 1997-2001.How One Keystone Educator Puts Gratitude First
Jimmy Carter, the 39th US president, has died at 100 ATLANTA (AP) — Former U.S. President Jimmy Carter has died. He was 100 years old and had spent roughly 22 months in hospice care. The Georgia peanut farmer served one turbulent term in the White House before building a reputation as a global humanitarian and champion of democracy. He defeated President Gerald Ford in 1976 promising to restore trust in government but lost to Ronald Reagan four years later amid soaring inflation, gas station lines and the Iran hostage crisis. He and his wife Rosalynn then formed The Carter Center, and he earned a Nobel Peace Prize while making himself the most internationally engaged of former presidents. The Carter Center said he died peacefully Sunday afternoon in Plains, Georgia, surrounded by his family. Jimmy Carter: Many evolutions for a centenarian ‘citizen of the world’ PLAINS, Ga. (AP) — The 39th and longest-lived U.S. president, James Earl Carter Jr., died Sunday at the age of 100. His life ended where it began, in Plains, Georgia. He left and returned to the tiny town many times as he climbed to the nation’s highest office and lost it after four tumultuous years. Carter spent the next 40 years setting new standards for what a former president can do. Carter wrote nearly a decade ago that he found all the phases of his life challenging but also successful and enjoyable. The Democrat's principled but pragmatic approach defied American political labels, especially the idea that one-term presidents are failures. The Latest: Former President Jimmy Carter is dead at age 100 Former President Jimmy Carter has died at the age of 100. The 39th president of the United States was a Georgia peanut farmer who sought to restore trust in government when he assumed the presidency in 1977 and then built a reputation for tireless work as a humanitarian. He earned a Nobel Peace Prize in 2002. He died Sunday, more than a year after entering hospice care, at his home in Plains, Georgia. Carter was sworn in as president on Jan. 20, 1977, after defeating President Gerald R. Ford in the 1976 general election. He left office on Jan. 20, 1981, following his 1980 general election loss to Ronald Reagan. Jimmy Carter: A brief bio Former U.S. President Jimmy Carter has died at his home in Plains, Georgia. His death comes more than a year after the former president entered hospice care. He was 100 years old. Jetliner skids off runway and bursts into flames while landing in South Korea, killing 179 SEOUL, South Korea (AP) — A jetliner skidded off a runway, slammed into a concrete fence and burst into flames in South Korea after its landing gear apparently failed to deploy. Officials said all but two of the 181 people on board were killed Sunday in one of the country’s worst aviation disasters. The 737-800 operated by Jeju Air plane arrived from Bangkok and crashed while attempting to land in the town of Muan, about 290 kilometers (180 miles) south of Seoul. Footage of the crash aired by South Korean television channels showed the plane skidding across the airstrip at high speed, evidently with its landing gear still closed. Tornadoes in Texas and Mississippi kill 2 and injure 6 as severe weather system moves east HOUSTON (AP) — A strong storm system is threatening to whip up tornadoes in parts of the U.S. Southeast, a day after severe weather claimed at least two lives as twisters touched down in Texas and Mississippi. Strong storms moving eastward Sunday are expected to continue producing gusty, damaging winds, hail and tornadoes through Sunday. That is according to National Weather Service meteorologist Frank Pereira. So far, the line of severe weather has led to about 40 tornado reports from southeastern Texas to Alabama, Pereira said, but those reports remain unconfirmed until surveys of damage are completed. Israeli hospital says Netanyahu has undergone successful prostate surgery TEL AVIV, Israel (AP) — An Israeli hospital says Prime Minister Benjamin Netanyahu has undergone successful prostate surgery. Jerusalem’s Hadassah Medical Center said his prostate was removed late Sunday and that he was recovering. Netanyahu’s office had said Justice Minister Yariv Levin, a close ally, would serve as acting prime minister during the procedure. Doctors ordered the operation after detecting an infection last week. Netanyahu is expected to remain hospitalized for several days. With so much at stake, Netanyahu’s health in wartime is a concern for both Israelis and the wider world. Syria's de facto leader says it could take up to 4 years to hold elections BEIRUT (AP) — Syria’s de facto leader has said it could take up to four years to hold elections in Syria, and that he plans on dissolving his Islamist group that led the country’s insurgency at an anticipated national dialogue summit for the country. Ahmad al-Sharaa, who leads Hayat Tahrir al-Sham, the group leading the new authority in Syria, made the remarks in an interview Sunday. That's according to the Saudi television network Al-Arabiyya. It comes almost a month after a lightning insurgency led by HTS overthrew President Bashar Assad’s decades-long rule, ending the country’s uprising-turned civil war that started back in 2011. A fourth infant dies of the winter cold in Gaza as families share blankets in seaside tents DEIR AL-BALAH, Gaza Strip (AP) — A fourth infant has died of hypothermia in Gaza, where hundreds of thousands of Palestinians displaced by nearly 15 months of war are huddled in tents along the rainy, windswept coast as winter arrives. The baby's father says the 20-day-old child was found with his head as “cold as ice” Sunday morning in their tent. The baby’s twin brother was moved to the intensive care unit of Al-Aqsa Martyrs Hospital. Their father says the twins were born one month premature and spent just a day in hospital, which like other Gaza health centers has been overwhelmed and only partially functions. Musk causes uproar for backing Germany's far-right party ahead of key elections BERLIN (AP) — Tech entrepreneur Elon Musk has caused uproar after backing Germany’s far-right party in a major newspaper ahead of key parliamentary elections in the Western European country, leading to the resignation of the paper’s opinion editor in protest. Germany is to vote in an early election on Feb. 23 after Chancellor Olaf Scholz’s three-party governing coalition collapsed last month in a dispute over how to revitalize the country’s stagnant economy. Musk’s guest opinion piece for Welt am Sonntag, published in German over the weekend, was the second time this month he supported the Alternative for Germany, or AfD.NEWARK — After a recount, the results of a Newark City Council race have held, with Jactina Arteaga headed toward victory with a four vote advantage. By Friday afternoon, Arteaga had a 0.1% lead, with 6,446 votes to Julie Del Catancio’s 6,442 votes. The Alameda County Registrar of Voters manually recounted all of the race’s ballots by Friday afternoon and the results appeared to hold the same, an official said Friday. Tim DuPuis, the Alameda County registrar, said Friday that he personally made the decision to review the race’s results because it was within 10 votes of separation – the closest race in the county. The results of the recount appeared to hold, Dupuis said Friday. The only other tight race in the county, he added, was the Fremont District 6 council race where Raymond Liu had a 36-vote lead over incumbent Teresa Cox. At one point, the contest had been as close as 12 votes before more ballots were counted.Dupuis said he did not elect to recount that race. Arteaga received a bachelor’s degree in business administration from Cal State University, Hayward. She has previous experience as a child support officer for San Mateo County, in finance and public safety administration in San Mateo County District Attorney Steve Wagstaffe’s office and as an assistant agency director with the Social Services Agency. “Although it has been a roller coaster with the results these past few weeks, it is important that every vote gets counted. I’m glad the ROV is doing a manual count and I hope that I remain in the lead,” Arteaga said in a statement Friday before the recount was completed. “Either way the voters have spoken and we will have new leadership on the council beginning in December.” The latest campaign finance records show Arteaga raised $14,902 through October, mostly through small donations, including a $2,500 personal loan. She spent $5,820, largely on print ads and other campaign advertising materials. “It seems like what people really want to see is that they’re safe, that their families are safe, and that we’re responsible,” Del Catancio said in an interview Friday. “I feel like I’d fit in wholeheartedly because I really love Newark, I’m a long term resident here and I also work in the area.” Del Catancio received a law degree from the University of San Francisco School of Law and a master’s degree in administration from the University of Kansas. She is currently a Newark planning commissioner and educator in the Newark Unified School District. “Win or lose, I feel like we put our heart and soul into it and we tried the best that we could. And so I think that it’s really up to the people,” Del Catancio added. “The fact is that in any race, you set out, you try your hardest, you meet the people and they make a decision. We’ll see how it goes, fingers crossed.” The registrar’s office expects to certify the Nov. 5 election results in December.
Plane bursts into flames while landing in SK, 179 killedTimeline: Jimmy Carter, 1924-2024
Walmart hit with bombshell lawsuit accusing retail giant of massive privacy breachHong Kong should focus on finding compelling uses for generative AISt. Joseph's Food Pantry gives away more than 500 boxes of food for the holidays
Treysen Eaglestaff scores 19 as North Dakota cruises past Waldorf College 97-57STUART, Fla. , Dec. 24, 2024 /PRNewswire/ -- Health In Tech, an Insurtech platform company backed by third-party AI technology, today announced the closing of its initial public offering of 2,300,000 shares of its Class A common stock at a public offering price of $4.00 per share, for gross proceeds of $9,200,000 , before deducting underwriting discounts, commissions, and estimated offering expenses. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.DENVER (AP) — Travis Hunter made a pair of proclamations Thursday: He’s for sure entering the NFL draft after this season, but not until he sees Colorado all the way through the College Football Playoff — if the Buffaloes make it there. The first was already a given for the draft-eligible junior who plays both receiver and cornerback. The second is a risk-reward play for a projected high first-round pick who averages around 120 snaps a game. In years past, it took two extra postseason wins to capture a national title. Now, it could take up to four additional contests. That’s more of a chance to shine, but also more chance for an injury. “I don’t think nobody will opt out because you’re showing NFL teams that you’re more focused on something else, other than the team goal,” Hunter said of the expanded 12-team College Football Playoff. “So I don’t think players are going to opt out of the playoffs.” Hunter and quarterback Shedeur Sanders chatted Thursday in a set of Zoom calls about turning around the program at Colorado (from 4-8 last season to bowl eligibility), chasing a Big 12 title, turning pro — Hunter acknowledged he will “for sure” — and, of course, the Heisman race, where Hunter is currently the odds-on favorite in an award each wants to see the other win. “He’s deserving of it, and if it’s between me and him, I want him to get it,” said Sanders, whose 16th-ranked Buffaloes (8-2, 6-1 Big 12, No. 16 CFP ) travel to Arrowhead Stadium to face Kansas (4-6, 3-4) this weekend. “He does a lot of amazing things that have never been done before.” Countered Hunter: “I know he wants me to win it, but I also want him to win as bad as I want to win it.” Hunter is a generational talent shining on both sides of the ball. As a receiver, he has 74 catches for 911 yards and nine touchdowns. On defense, he has picked off three passes, even though teams are reluctant to throw his direction. Like he did in high school and now in college, he believes he can do both on the next level. But he understands the trepidation of the NFL team that picks him. “They don’t want their top pick to go down too early," Hunter said. “I like when people tell me I can’t do it, because they just motivate me to continue to do what I want to do.” Sanders is turning in a stellar season as well with 27 touchdown passes, one away from tying Sefo Liufau for the most in a single season in program history. He's projected to be one of the first QBs off the draft board. The future certainly looks bright at Colorado thanks to the legacies Sanders and Hunter under coach Deion Sanders. But that's a point to ponder later. “I can’t think too much forward past Saturday,” Shedeur Sanders cracked. “The main thing is winning the Big 12 championship. That’s the main thing we’re focused on." Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football